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Ready to buy a new home in South Kensington? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your South Kensington conveyancing at risk of delay or failure.

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Recently asked questions about conveyancing in South Kensington

Having been suggested to visit your organisation we were going to use a conveyancing solicitor in South Kensington found using your comparison tool but have come across alternative fee calculations on the internet seem less pricey – why is this?

There are numerous conveyancers advertising theoretically looks to be extremely cheap conveyancing in South Kensington. We suggest that you think twice as to how much you respect your own move to want to take 'cheap' risks concerning the quality of the conveyancing. Many of them accentuate a bargain quote to grab your attention but hide supplemental fees in the fine print..

I have given 2 months notice to my current landlord and must vacate my let out property in South Kensington by the end of next month. Conveyancing on my purchase has just started. Is it possible to complete in three weeks as don't want to have to move into short term accommodation?

It is unwise to give notice on a rental unless exchange of contracts has taken place. Assuming that you have not previously done so, speak to your lawyer and ask them to they cajole the other side, try to an acceptable time-line that all parties will work towards

I bought my flat on 4 February and my personal details is not yet on the land registry website. Need I be worried? My conveyancing solicitor in South Kensington said it will be registered in a couple of weeks. Are titles in South Kensington particularly slow to register?

There is nothing unique about conveyancing in South Kensington registration formalities. Rather than based on location, timeframes can adjust subject to who lodges the application, whether there are errors and whether the Land registry have to notify any third persons or bodies. At present in the region of three quarters of such applications are fully addressed in less than three weeks but occasionally there can be extensive hold-ups. Registration occurs once the buyer is living at the property therefore registration formalities is not usually an essential issue but where it is urgent that the the registration takes place urgently then you or your conveyancer should speak with the land registry and explain the circumstances.

The estate agent has sent us the confirmation of our purchase of a new build apartment in South Kensington. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.

Here is a sample of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in South Kensington

    Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please supply evidence that the form of Lease proposed has been approved by the Land Registry. There must be mutual enforceability of lessee’s covenants. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.

I have attempted and failed to negotiate with my landlord to extend my lease without any joy. Can the Leasehold Valuation Tribunal adjudicate on such matters? Can you recommend a South Kensington conveyancing firm to represent me?

Most definitely. We are happy to put you in touch with a South Kensington conveyancing firm who can help.

An example of a Lease Extension matter before the tribunal for a South Kensington residence is Flat 16 21/22 Stanhope Gardens in November 2010. the Leasehold Valuation Tribunal concluded that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 of the Leasehold Reform, Housing and Urban Development Act 1993, was £106,975 This case related to 1 flat. The unexpired lease term was 51.93 years.

What makes a South Kensington lease unacceptable for security purposes?

There is nothing unique about leasehold conveyancing in South Kensington. Most leases are unique and drafting errors can sometimes mean that certain clauses are not included. The following missing provisions could result in a defective lease:

    Service charge per centages that don't add up correctly leaving a shortfall A provision to repair to or maintain parts of the property

A defective lease can cause issues when trying to sell a property as they can affect a potential buyer’s ability to obtain a mortgage. Birmingham Midshires, Bank of Scotland, and Godiva Mortgages Ltd all have express requirements when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is problematic they may refuse to grant the mortgage, obliging the buyer to pull out.

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